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Indian bank credit grew 14.6% year-on-year in January 2026, driven by corporate lending and lower rates.
Indian bank credit growth surged to 14.6% year-on-year in the fortnight ending January 31, 2026, reaching ₹204.75 trillion, driven by strong corporate lending in infrastructure, renewables, and metals, along with lower interest rates and GST rationalization.
Deposits rose 12.5% to ₹248.81 trillion.
A sharp rebound followed a prior contraction, fueled by increased loan demand, improved trade access, and higher corporate drawdowns.
SBI raised its FY26 credit forecast to 13-15%, citing momentum in retail, agriculture, and MSMEs.
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El crédito bancario indio creció un 14,6% interanual en enero de 2026, impulsado por los préstamos corporativos y tasas más bajas.